EZchip's (EZCH +3.8%) bookings remain solid and its risk/reward is compelling at current levels,...

EZchip's (EZCH+3.8%) bookings remain solid and its risk/reward is compelling at current levels, declares Benchmark. That's helping shares recoup some of the huge post-earnings losses it saw last month, following a disclosure Huawei is working on an in-house network processor.